FORM VAT-104

NOTICE FOR DEMAND OF SECURITY

[Refer sub-rule (1) and sub-rule (2) of rule 24]

(Mark "v " whichever is applicable)

Please take notice that an amount of Rs. __________________ (Rupees _______________) only has been estimated as the security payable by you under subsection (1) of section 27 of the Orissa Value Added Tax Act, 2004.

Being a registered dealer under the Orissa Value Added Tax Act, 2004, you have already furnished security of Rs. ______________ (Rupees _______________________) on ________________ ,or Being a registered dealer under the Orissa Value Added Tax Act, 2004, you have not furnished any security;

You are now required to pay the additional security or security, as estimated to be due and payable in the manner specified in sub-rule (4) of rule 24, within fourteen days from the date of receipt of this notice.

After careful consideration of your application for grant of registration received in this office on _________, you are required to furnish security of Rs. ________________ (Rupees ___________________) as mentioned above in the manner specified in sub-rule (4) of rule 24, within fourteen days from the date of receipt of this notice.

Failure to comply with the terms of this notice shall result in cancellation of your certificate of registration under rule 31 or rejection of the application for registration under sub-rule (5) of rule 24, as the case may be.